Option Block 142: Premium Selling Idiots
Option Block 142: Premium Selling Idiots\n
Trading Block: VIX popped out of its range -- so much for fading to the downside. Apple, the target of an antitrust suit, was still up 1% yesterday. Commodities rundown -- new 10 year lows reached in the natural gas market. \n
Odd Block: Interesting and unusual activity in Iron Mountain (IRM).\n
Xpress Block: Mike Z from OX sits down for his first Xpress Block and discusses the announcement of ICE launching a cash settled grain futures contracts. \n
Strategy Block: Mike Tosaw goes over the difference between being a degenerate premium seller and just being an idiot -- and how to be the former instead of the latter.\n
Around the Block: Earnings are back baby! Google after the bell today. Intel earnings - 4/17. Thursday is (4/19) the big day with -- CMG, LUV, BAC, AMD, NOK. Keeping an eye on short puts in crude oil.